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516-518 N Main Street

Lima, OH 45801
  • $295,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 306767
UPDATED: 5 min ago
$295,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,000
    SQFT
  • $42
    $/SQFT
Type:
Commercial
Built:
1887
County:
Area:

School Ratings & Info

Description

516-518 N Main St is located in Lima's new State of Ohio designated ''Entertainment District''. D5-J Ohio Liqueur License available for $2,350 with purchase of the building. Improvements include new roof and electric in 2020; new Gas Furnace, supplemental Heat Pump, Central AC Unit, and Water Heater in 2022. First floor has been remodeled with the removal of old plaster/drywall to expose the original brick walls and woodwork, drop ceilings were removed to restore the rooms to their original height, original hardwood flooring restored in the restaurant section, two newly remodeled bathrooms. The remodeled kitchen has been approved by the Allen County Health Dept and has a new commercial convection oven, no flame induction burner, refrigerator, three sinks, and new fixtures. The bar area has new flooring, bar from'' Louie's Nite Club days'', a 3-bay bar cooler, bar sink, ice bins, classic refrigerator and bar stools. Restaurant tables and chairs included. Second floor is ready to be finished with tall ceilings, original 1887 wooden doors with transoms, original hardware, and 12'' baseboard. Parking lot 6,000sf.

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© 2025 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Mangini | Superior Plus Realtors. Data last updated: 2025-04-25T08:40:40.213.
www.lovelimahomes.com/homes/162632839
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516-518 N Main Street Lima, OH 45801

  • Price: $295,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 5 min ago
  • MLS #: 306767
0
Beds
0
Baths
0
½ Baths
0.23
Acres
7,000
SQFT
$42
$/SQFT
1887
Built
County:
Allen
Area:
Lima
Property Description
516-518 N Main St is located in Lima's new State of Ohio designated ''Entertainment District''. D5-J Ohio Liqueur License available for $2,350 with purchase of the building. Improvements include new roof and electric in 2020; new Gas Furnace, supplemental Heat Pump, Central AC Unit, and Water Heater in 2022. First floor has been remodeled with the removal of old plaster/drywall to expose the original brick walls and woodwork, drop ceilings were removed to restore the rooms to their original height, original hardwood flooring restored in the restaurant section, two newly remodeled bathrooms. The remodeled kitchen has been approved by the Allen County Health Dept and has a new commercial convection oven, no flame induction burner, refrigerator, three sinks, and new fixtures. The bar area has new flooring, bar from'' Louie's Nite Club days'', a 3-bay bar cooler, bar sink, ice bins, classic refrigerator and bar stools. Restaurant tables and chairs included. Second floor is ready to be finished with tall ceilings, original 1887 wooden doors with transoms, original hardware, and 12'' baseboard. Parking lot 6,000sf.
Exterior Features

Attached Garage YN No Construction Materials Brick Exterior Features [] Lot Features [] Other Structures [] Parking Features See RemarksPrivate Road Frontage Type City Street Road Surface Type Paved Roof Flat

Interior Features

Cooling Central Air Cooling YN Yes Flooring Wood Heating Forced AirHeat PumpCombinationSee Remarks Heating YN Yes Interior Features []

Property Features

Business Type Bar/Tavern/LoungeRestaurantSee Remarks Electric [] FEMAFlood Zone YN No Listing Terms CashConventional Other Equipment FurnitureOther Owner Pays [] Possession Close Of Escrow Property Sub Type Business Security Features [] Sewer Public Sewer Special Licenses Liquor Special Listing Conditions Fair Market Tax Annual Amount 1595 Utilities Sewer ConnectedWater Connected Water Source Public Zoning Description Commercial

Listing information © 2025 West Central Association of Realtors MLS
Listing provided by Craig Kohli of Berkshire Hathaway Professional Realty : 419-331-7653.



© 2025 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Mangini | Superior Plus Realtors. Data last updated: 2025-04-25T08:40:40.213.
 
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Team Mangini | Superior Plus Realtors
2903 Elida Rd.
Lima OH, 45805